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Matteson 60443
316 Central Avenue
$180,000
● House - Off Market

316 Central Avenue

MATTESON, IL 60443
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,406 Ft²
$303,557
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Exterior will be updated weather permitting! Qualifies for IHDA which is $7,500.00 in downpayment & Closing cost assistance grant money! Great neighborhood waiting for you! with easy access to Commuter Train, interstate,schools and shopping. This lovely and appealing home located on such a charming block in the the magnificent neighborhood Upgrades: New Windows, New hardwood Floors a separate family room will provide such a roomy feel for to your new place.Fully remodeled bathrooms with custom ceramic tile.Kitchen has a credit that can be applied to all new stainless appliances! This beautiful kitchen has all new cabinets and new granite counter tops. 3 Bedrooms, 2 bathrooms, 3 car garage full basketball court in back.
Unit Size
1,406 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$135
Property Type
House
Property Taxes
$533
HOA Dues
-
Year Built
1995

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #09505335)

Price History

Date / Event Date Event Price
Jul 5, 2017 Sold
Premium
Sold
Feb 16, 2017 Listed by ICandy Realty LLC $189,900
Listed by ICandy Realty LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,080
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,406
  • Gross Building Area: 1,406
  • Building Area: 1,406
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,406
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FEATHERCREEK
  • Land Acres: 0000000231
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: L5 FEATHERCREEK W1/2 S16 T35N R13E

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830003

Geography

  • District: 32
  • Parcel: 31-16-309-021-0000
  • Lot: 5
  • Meridian: SEC 16 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5196
  • Longitude: -87.7493

    Address

  • Full Address: 316 Central Ave
  • Address - House Number: 316
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Matteson
  • Carrier Code: C008
  • 4-Digit Zip Code: 1442
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $600,190
  • Tax Rate Code Area: 32029

    Appraisal Valuation

  • Standard Deviation: 0.2515
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 254,196
  • High Value: 318,130
  • Low Value: 190,261

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $55,440
  • Market Improvement Value: $194,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $5,544
  • Assessed Improvements Value: $19,456

    Sales

  • Current Sale Contract Date: Jul 05, 2017
  • Current Sale Recording Date: Jul 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1720504003
  • Previous Sale Recording Date: Nov 02, 2016
  • Previous Sale Contract Date: Oct 11, 2016
  • Previous Sale Amount: $78,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Matteson

Stats & Trends

Median Asking:

$269,000

Sale Price/ft²

$152

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1554 ft²

Average Home Age

49.8 years

Currently For Sale

34 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: , ICandy Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 09505335
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 316 Central Avenue built and last sold?
The property at 316 Central Avenue was built in 1995 and last sold on Jul 5, 2017 for $180,000.
How much is this home worth?
The estimated value of the home located at 316 Central Avenue is $0.
What are some comparable homes to 316 Central Avenue?
There are currently no comparable homes to 316 Central Avenue.
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